Nifty Daily Levels Update For Option Day Trading

Moday Possible Trade In Nifty | Keep Eye on China Insight Updates

Call Side Posiible Trade in Nifty on Monday

First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16720 -16705) You can Buy 16700 ATM CALL OPTION
Trade Target
Up side First Target is 16763 and If Any 1 Hour CandleCloses above first Target then Second target is 16800
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16700 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints

Second Possible Trade - If Nifty50 Open Gap Down
Tread Entry
If Nifty sustain Above Support Zone (16606 -16588) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16650 and If Any 1 Hour CandleCloses above first Target then Second target is 16705
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16588 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints


Monday Put Side Posiible Trade in Nifty

Tread Entry
If Nifty Sustain Below Resistance Zone (16720 -16705) You can Buy 16350 ATM PUT OPTION
Trade Target
Down side First nifty Target is 16600 Second target is 16480
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Above Resistance 16720 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints